Forex Trading Library

USDJPY 2018-01-26

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USDJPY failed to test our target zone 108.00-20 when market faced the awake of Dollar after Trump anouncement yesterday

Market now facing Intraday support at 108.50-70 which may sustain a rebound correction toward 110.50 zone

Below 108.50 market will face another support at 108.00 which in turn may push for a rebound correction toward 109.50 zone

Below 108.00 market will face support at 107.35

  Support Resistance
Level 1 108.50-70 109.50
Level 2 108.00 110.50
Level 3 107.35 111.40
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